Oil prices rise on global economic growth prospects
However, World powers and Iran are holding talks on reviving the nuclear deal, raising the possibility of an easing of sanctions on its oil exports
07 April 2021 - 13:25
London — Oil prices were lifted on Wednesday by prospects for stronger global economic growth, though gains were capped as talks to revive a nuclear deal with Iran raised the possibility of an easing of sanctions on its oil exports.
Brent crude futures gained 54c, or 0.9%, to $63.28 a barrel by 10.53am GMT while US West Texas Intermediate (WTI) crude was rose 46c, or 0.8%, to $59.79...
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